Rheinmetall to fully acquire Pierburg Mikuni Pump Technology joint ventures in China and Japan

Rheinmetall plans to acquire the 49% stake held by Mikuni Corporation in two joint ventures, Pierburg Mikuni Pump Technology in Japan and China, to take full ownership. The share transfer is expected to take effect on December 31, 2021.

“Rheinmetall AG wants to acquire the 49% share in both companies held by its partner, the Mikuni Corporation of Tokyo.”rheinmetall.com

• 1 source
• rheinmetall.comTakeover of majority joint ventures planned | RheinmetallDec 8, 2021

Summarized from public sources; check the original articles before acting on it.